Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) Short Interest Up 74.7% in April

Invesco FTSE RAFI US 1500 Small-Mid ETF (NASDAQ:PRFZ) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 15,200 shares, an increase of 74.7% from the March 31st total of 8,700 shares. Based on an average daily trading volume, of 131,900 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Invesco FTSE RAFI US 1500 Small-Mid ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Arbor Investment Advisors LLC increased its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 1.9% during the first quarter. Arbor Investment Advisors LLC now owns 827,095 shares of the company’s stock valued at $32,488,000 after purchasing an additional 15,213 shares in the last quarter. Oakworth Capital Inc. bought a new position in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF during the first quarter valued at approximately $151,000. Cornerstone Wealth Management LLC increased its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 3.5% during the first quarter. Cornerstone Wealth Management LLC now owns 124,601 shares of the company’s stock valued at $4,894,000 after purchasing an additional 4,228 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 11.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,172,108 shares of the company’s stock valued at $46,040,000 after purchasing an additional 118,251 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC increased its stake in shares of Invesco FTSE RAFI US 1500 Small-Mid ETF by 4.6% during the first quarter. Dynamic Advisor Solutions LLC now owns 251,197 shares of the company’s stock valued at $9,867,000 after purchasing an additional 11,018 shares in the last quarter.

Invesco FTSE RAFI US 1500 Small-Mid ETF Price Performance

PRFZ stock opened at $37.35 on Monday. Invesco FTSE RAFI US 1500 Small-Mid ETF has a 1 year low of $30.29 and a 1 year high of $39.52. The company has a market cap of $2.28 billion, a P/E ratio of 2.62 and a beta of 1.17. The firm has a 50-day moving average of $37.88 and a 200 day moving average of $35.90.

Invesco FTSE RAFI US 1500 Small-Mid ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a $0.0861 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date was Monday, March 18th.

Invesco FTSE RAFI US 1500 Small-Mid ETF Company Profile

The Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) is an exchange-traded fund that is based on the FTSE RAFI US 1500 index. The fund tracks a fundamentally-weighted index of 1,500 small- and mid-cap companies in the US that are selected using fundamental metrics. PRFZ was launched on Sep 20, 2006 and is managed by Invesco.